Power Risk Engineering Report - cermpakistan.com
Transcript of Power Risk Engineering Report - cermpakistan.com
Center for Enterprise Risk Management
Power Risk Engineering Report:Key Information Guidelines for Insurance Risk
Assessment
Ahsan Jamal
Risk Engineer
AgendaIntroduction
General Principles
Key Information Requirements
- Executive Summary
- Plant Status
- Exposure Assessment
- Loss Prevention
- Loss Mitigation
Risk Improvement Recommendations
IntroductionPurpose
Outline Key Information requirements for Power Risk Engineering Reports
Provide guidance to:
Risk Engineers
Underwriters
Insurance Managers
Plant Engineers
IntroductionScope
Outline STANDARD information for Power Risk Surveys
Identify KEY items of interest to (Re)insurers
Developed by Lloyd’s Market Association (LMA) + London Market
Engineers
General Principles
Primary customer
Report length
Evidence based opinion
Implementation and compliance
Information not provided
Performance data
Pitfalls to be AVOIDED
X Lengthy narrative
X Repetition
X Creep
X Generic text
Key Information Requirements
Executive Summary
Introduction
Purpose & Scope
Date and duration
Previous survey information
Key survey participants
Key Information Requirements
Executive Summary
Overview
Brief history, year built, COD
Brief Plant description
Site location & NATCAT exposures
Ownership & management
Future development projects / upgrades
Key Information Requirements
Executive Summary
Comments and conclusions
Strengths and Risk Improvement areas
Engineering issues – equipment hardware
Management systems
Loss history (last 05 years)
Key Information Requirements
Plant Status
Site description
Site aerial view
Site geo-coordinates
Total area
Third party exposures
Plant A
Key Information Requirements
Plant Status
Plant description
Site history
Ownership
O&M contract
COD
Plant upgrades
Construction [Foundation details, Use of any flammable materials]
Key Information Requirements
Plant Status
Plant description
Spatial separation & segregation
Fuel handling
Storage facilities
Powerhouse
Switchyard
Boilers
Turbines
Transformers
Key Information Requirements
Plant Status
Plant description
Containment / Drainage for main flammable substances
Turbine generator lubricating oil tanks
Generator seal oil skids
Turbine control oil skids
Hydrogen for generator cooling
Key Information Requirements
Plant Status
Plant description
Control Room
Design & location
Control systems hardware
Age
Availability of spares & obsolescence
Shutdown & emergency control systems
Boiler burner management & flame monitoring system
Key Information Requirements
Plant Status
Plant description
Advanced monitoring systems
Online vibration monitoring for turbine generators
Transformer online DGA
Generator online PD monitoring
Key Information Requirements
Plant Status
Plant description
Fuel storage & Handling facilities
Bunding arrangement
Key Information Requirements
Plant Status
Plant description
Major equipment
GTs
ST
Boilers
HRSGs
Transformers
Key Information Requirements
Plant Status
Plant description
Balance of Plant (BOP)
Redundancy (e.g. 2x100%)
Spares availability
Key Information Requirements
Plant Status
Plant description
Loss and Incident History
Incident / Loss description
Date of loss
Amount of loss (including < deductible)
Loss history (up to 5 years)
Loss causation / RCA
Key Information Requirements
Exposure Assessment
Exposures
Fire & Explosion
Technology risks
NATCAT (including physical & procedural controls)
Flood zone (historical flooding)
Third party operations (onsite / offsite)
Key Information RequirementsExposure Assessment
Values
Property Damage (PD)
Insurance valuation
Industry benchmark
Breakup of values
Basis of values used in EML / MPL calculations
Business Interruption (BI)
Basis of BI sum insured (e.g. gross profit)
Take or Pay agreement
Seasonal impact on BI exposure
Key Information Requirements
Exposure Assessment
Loss Estimates
EML / MPL
Catastrophic / worst loss event
All active protection systems are non-operational
Key Information Requirements
Exposure Assessment
Loss Estimates
EML / MPL
Loss Estimate Scenario PD
(USD
million)
BI
(MW / months
/USD million)
Combined PD+
BI
(USD million)
Property Damage Fire involving gas
turbine and HRSG
66 130 MW / 6
months / 100
166
Machinery
Breakdown
Steam turbine generator
foreign object damage
100 130 MW / 18
months / 300
400
Key Information Requirements
Loss Prevention
Management & Organization
Site Organogram (high level positions)
Recent or proposed changes
Adequacy of staff in critical positions
Staff turnover
Staff training & background
Management of Change (MoC) procedure
Management procedures
Key Information Requirements
Loss Prevention
Operations
Organization
Shift operations
Staff average experience
Shift handover procedures
SOPs and drawings
Certifications (ISO 9001, 14001 & OHSAS 18001)
Technical support
Key Information Requirements
Loss Prevention
Operations
Training & Competence Assurance
Training & certification process
Competency definition & assessment
Refresher training program for critical SOPs
Key Information Requirements
Loss Prevention
Operations
Permit to Work (PTW)
PTW system (existing v/s industry best practice)
Compliance (Audit process & KPI)
Housekeeping
Key Information Requirements
Loss Prevention
Operations
Equipment Isolation
Procedure (existing v/s industry best practice)
Compliance (Audit process, documentation review)
Key Information Requirements
Loss Prevention
Operations
Operational Testing Routines
Details & frequency of testing regime
Turbine over speed trips
DC emergency oil pumps
Emergency generators (full load)
Key Information Requirements
Loss Prevention
Maintenance
Organization
Organogram (no. of staff)
Vacant position & staff turnover
Experience level
Maintenance planning – CMMS
Major overhaul plan (schedule, frequency etc.)
Third party contracts / QA
Long Term Maintenance Agreements (LTMA) / Parts Supply Agreements
Maintenance training
Key Information Requirements
Loss Prevention
Maintenance
Boilers, HRSGs and Pressure parts
Major / minor outages (scope, frequency, last outage)
Statutory inspection
NDT routines, tube thickness check
Creep life assessment
Pressure relief valves / pressure vessels / pipe hangers and supports
Recommended Codes
Procedure & control for qualified welder
Key Information RequirementsLoss Prevention
Maintenance
GTs & STs
Inspection regimes
Borescope
Combustion / Major Inspections
Hot Gas Path
Last overhaul report
Use of OEMs / Specialist contractors
Long Term Service Agreements (scope, on-site team, remote monitoring)
Any upgrades / modifications
OEM Technical Advice (TILs, SBs)
Key Information Requirements
Loss Prevention
Maintenance
Transformers
Insulation oil analysis; DGA frequency / results + Testing lab
Corrosive sulphur analysis
Electrical testing
Key Information Requirements
Loss Prevention
Maintenance
Preventive Maintenance Routines
Vibration monitoring
Thermographic surveys
Lubricating oil analysis
SCOPE
FREQUENCY
INTERNAL / EXTERNAL
REVIEW LAST REPORTS
Key Information Requirements
Loss Mitigation
Fire Protection & Emergency Response
Organization & Emergency planning
Onsite / Offsite + Mutual Aid assistance
Training program [frequency, KPI]
Fire-Pre plans
Quality of Emergency Response Plan – NFPA 1600
Emergency scenarios considered
Emergency response exercise [frequency, major findings, evacuation time etc.]
Key Information Requirements
Loss Mitigation
Fire Protection & Emergency Response
Active Protection
Fire water system
Redundancy
Adequacy of fire water supply
Fire pump capacity / reliability / certified / Testing
Detection system
Adequacy of fire / smoke / gas detection & alarm system
Testing & maintenance
Fixed fire protection system
In accordance with NFPA 850
Key Information Requirements
Risk Improvement Recommendations
Identify issue
Recommendation [standards / best practices]
Outstanding recommendations - status
Client response
Status flag [No action / Completed / In-progress / Withdrawn]
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Center for Enterprise Risk Management
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